VENTRA GROUP: A solid, growing company trading at P/E of only 13.5X. Manufacturer of auto parts with over 10 plants around the world. A leader in producing car jacks.
Has jumped up strongly today on the heels of a major announcement made after the close last Friday. VTA has bought 50% of private German auto parts maker Lunke Group of Companies (current supplier to Mercedes, VW, BMW). VTA's sales will now exceed $650MM/yr.
Stock is looking very good (last at C$3.80, up over $0.50), with $5.00/sh over the next few months NOT out of the question.
Anyone else follow this company?
-- Paul (tse:VTA) |